Ludicrously claiming "the situation in Iran constitutes an unusual and extraordinary threat to (America's) national security, foreign policy and economy."

"(D)eclar(ing) a national emergency to deal with that threat."

"(B)lock(ing) all property and interests in property of the Government of Iran, its instrumentalities and controlled entities and the Central Bank of Iran which are or become subject to the jurisdiction of the United States or which are in or come within the possession or control of persons subject to the jurisdiction of the United States."

Seizing $12 billion in Iranian government bank deposits, securities, gold, and other properties. Including $5.6 billion held by overseas branches of US banks.

In early April 1980, severing diplomatic relations. A full trade embargo followed.

In January 1981, lifted under Algiers Accords provisions. Unblocking most Iranian assets.

Iranian Assets Control Regulations remained in effect. Targeting its economy and people ruthlessly.

Continued to this day. By presidential executive orders and congressional legislation. Blocking virtually all trade and investments with Iran.

A White House Office of the Press Secretary addressing Congress, saying:

"Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), provides for the automatic termination of a national emergency unless, within 90 days prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date."

"In accordance with this provision, I have sent to the Federal Register for publication the enclosed notice stating that the national emergency with respect to Iran that was declared in Executive Order 12170 of November 14, 1979, is to continue in effect beyond November 14, 2014."

"Because our relations with Iran have not yet returned to normal, and the process of implementing the agreements with Iran, dated January 19, 1981, is still under way, I have determined that it is necessary to continue the national emergency declared in Executive Order 12170 with respect to Iran."

BARACK OBAMA

A same day press release added:

"CONTINUATION OF THE NATIONAL EMERGENCY WITH RESPECT TO IRAN

On November 14, 1979, by Executive Order 12170, the President declared a national emergency with respect to Iran and, pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701-1706), took related steps to deal with the unusual and extraordinary threat to the national security, foreign policy, and economy of the United States constituted by the situation in Iran.

Because our relations with Iran have not yet returned to normal, and the process of implementing the agreements with Iran, dated January 19, 1981, is still under way, the national emergency declared on November 14, 1979, must continue in effect beyond November 14, 2014.

Therefore, in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency with respect to Iran declared in Executive Order 12170.

This notice shall be published in the Federal Register and transmitted to the Congress.

BARACK OBAMA"

His action came a day after Tehran arranged for Russia to build eight new nuclear reactors. "(T)urn-key ready."

Four at Iran's Bushehr nuclear power plant. For peaceful power generation.

To meet Iran's growing energy needs. Making it less dependent on fossil fuels.

Russia to provide nuclear fuel. Spent amounts returned for processing and storage.

Akbar Salehi heads Iran's Atomic Energy Agency. "It is the turning point in the relations between our countries," he said.

"These friendly actions, taken by Russia will be well-remembered. Both countries "have become even closer to each other."

Current nuclear partnership continues what began on August 25, 1992. When building Bushehr was agreed on.

Tehran wants to be treated like all other peaceful nuclearized states. With every right to expect it. Washington remains hardline. Obstructionist.

On November 12, President Hassan Rohani affirmed Iran's right to peaceful nuclear power," saying:

"If the Group 5+1 seeks excuse to prevent Iran's development, (they should know) it is not possible for them to do so as our nation will not give up its rights and the path of development."

"We are entitled to use peaceful nuclear technology within the framework of the International Atomic Energy Agency (IAEA)'s treaties and safeguard inspections."

NPT and other international law. Reaching "agreement can make the international treaties stronger and persuade countries to rely on the international treaties as it is wrong for a country which is committed to all international treaties (to be forced) to answer the suspicions of certain countries," he added.

Iran is committed to resolving remaining issues responsibly. Without sacrificing its legitimate rights.

At the same time, Foreign Minister Zarif strongly criticized Western countries. Mainly Washington.

For "fall(ing) prey to miscalculations due to wrong analyses," he said. "Iran is seriously after the resolution of this artificial nuclear crisis and has entered negotiation with absolute good will."

Reiterating Iran's legitimate right to peaceful nuclear power development and use. Ones it won't relinquish. Nor should it.